Bushwick Real Estate is one of Brooklyn’s most rapidly transforming neighborhoods located just adjacent to Bedford-Stuyvesant and Williamsburg. As bordering Williamsburg skyrockets in rent, young professionals have left the neighborhood in search of lower-cost pastures. And why wouldn’t it be? Perhaps its early days as a Dutch-German brewing town played some role in its current Renaissance as a haven for craft brewers, artists and other creatives.
Since the mid-2000s New York City and New York State have been pouring resources into the neighborhood through a program called the Bushwick Initiative. The initiative’s objective is to improve the quality of life through economic development and opportunities. Restaurants, art galleries and festivals have been popping up by the handful. And as for Bushwick’s nightlife? Well, let’s just say Vogue recently named it the 7th “Coolest Neighborhood In The World.”
Bushwick Real Estate - Residence Styles
Many people underestimate the amount of outdoor space in Bushwick, but over 91% of housing is located within a quarter mile of a park. Housing in Bushwick is primarily composed of row houses, six-family apartment buildings, two- and three-family townhouses, as well as industrial buildings and large lofts.
Buying In Bushwick
Now is the time to buy in Bushwick. Since 2011, demand for Bushwick Real Estate has more than doubled. Investors are purchasing Bushwick housing and renovating them with high-end furnishings, updated appliances, community rooftops and the like. Likewise, new condo developments and apartment rentals are popping up all over Bushwick, especially in the blocks surrounding Maria Hernandez Park.
Whether you are buying or selling a home in Bushwick, the knowledgeable team at WEICHERT REALTORS® - The Franzese Group can help you. Please call one of our Bushwick Real Estate Agents today at (718) 942-5050 or fill out our contact form on this page.